BlackRock's crypto ETF assets surge 63% but remain far below 2025 peak
Source: CoinDesk ·
From the source
The asset manager's crypto assets surged 63% to $79.6 billion as investors returned, but holdings remain 23% below year-ago levels. BlackRock's crypto funds had a much better third quarter than first half of the year but they still have a long way to go to recover the assets lost during the broader crypto market downturn. The asset manager reported $79.6 billion in digital assets under management at the end of September, a 63% jump from $48.8 billion at the end of June, according to its third-quarter earnings report released Wednesday. Investors added $7.9 billion to BlackRock's digital asset products during the quarter, more than making up for the roughly $2.2 billion they withdrew during the first six months of 2026. The reversal came as crypto markets recovered from a slump earlier this year. Bitcoin BTC $83,212.45 and other cryptocurrencies had faced pressure during the first half of the year, weighing on the value of funds that hold them. The third-quarter recovery gave those…